Oceanwood Capital and Aker Capital intervene in Norske Skog restructuring move, insolvency “likely”

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A new twist has emerged in the restructuring of Norske Skog’s finances and assets with the entry of two investment companies. Oceanwood Capital Management and Aker Capital AS, a subsidiary of Aker ASA, plan to found a company to bid for shares in financially beleaguered Norske Skog AS. The bidding company would be ...

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